LendProtocol Offers Fixed 12% APR for XRP Holders

XRP staking is not possible on the XRP Ledger due to its use of the Federated Byzantine Agreement (fBFT) protocol, which does not involve proof-of-stake consensus. This means that validators do not receive token rewards for their participation.

This can be a source of confusion, as some exchanges and platforms may offer 'staking' products or services for XRP. However, these are not actual staking options but rather yield programs with varying terms and conditions.

XRP holders who want to earn passive income without selling their holdings or bridging to another network can use the lending model provided by LendProtocol. This platform offers a fixed 12% APR on XRP deposits, compounded daily, with no lock-up period.